Cape Town's rental prices: luxury or lunacy compared to Joburg?

IT’S a debate that never seems to die: Cape Town versus Johannesburg, who's got the better deal when it comes to rent?

- BERNELEE VOLLMER

Cape Town may have been crowned the best city in the world, but that title comes with a hefty price tag, especially if you’re trying to survive on more than just ocean views and mountain hikes.

Digital creator and MC Nande Ramnewana recently took to Instagram to air her shock at just how ridiculous Cape Town’s rental prices have become.

“Guys, I just saw a bachelor apartment for R16 500, not even a one-bed,” she exclaimed. “In Joburg, | would get a modern three or four-bedroom apartment.”

It's safe to say she’s not alone in her disbelief.

For many young professionals and creatives, staying at home with their parents is suddenly looking like a pretty smart financial move because, honestly, who can afford these prices?

Historically, Johannesburg has always been the more affordable city when it comes to rent. In 2021, data showed that a one-bedroom apartment in Cape Town’s city centre averaged around R9 892 per month, while Joburg’s equivalent was roughly R6 S00 - about 34% cheaper.

The gap widened even more with bigger spaces, with a three-bedroom. apartment in Cape Town hitting R20 327 compared to Joburg’s R14 621.